protection

SVB’s parent firm files for chapter 11 protection

0xMain
March 17, 2023

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A few days after its former business Silicon Valley Bank was taken over by U.S. authorities, SVB Financial Group said on March 17 that it had filed for a court-supervised restructuring under chapter 11 bankruptcy protection to seek purchasers for its assets. The...

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Illinois lawmaker floats ‘weird’ digital property protection bill

0xMain
February 20, 2023

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Illinois’ Sen. Rebert Peters has introduced the digital property protection act, which aims to mandate blockchain projects in the state to reverse already executed on-chain transactions when ordered by a court. The digital property protection bill Illinois Democratic party Sen. Robert .J. Peters...